L’Oréal closes Clarins Fragrance Group acquisition, suspends 2020 guidance due to Covid-19

By Lucy Tandon Copp 2-Apr-2020

The takeover includes the Mugler brands Alien, Angel and Aura, and Azzaro Parfums

L’Oréal has finalised its acquisition of the Clarins Fragrance Group (CFG), including the Mugler brands and Azzaro fragrances.

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The deal was first announced in October last...

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